Triple Flag Precious Metals Corp.s Business Is Yet to Catch Up With Its Share Price - Simply Wall St
| TFPM Stock | 23.13 0.08 0.35% |
About 54% of Triple Flag's investor base is interested to short. The current sentiment regarding investing in Triple Flag Precious stock implies that many traders are impartial. Triple Flag's investing sentiment overview a quick insight into current market opportunities from investing in Triple Flag Precious. Many technical investors use Triple Flag Precious stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Triple Flag Precious Metals Corp.s Business Is Yet to Catch Up With Its Share Price Simply Wall St
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Triple Flag Fundamental Analysis
We analyze Triple Flag's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Triple Flag using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Triple Flag based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Triple Flag is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Triple Flag Precious Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Triple Flag stock to make a market-neutral strategy. Peer analysis of Triple Flag could also be used in its relative valuation, which is a method of valuing Triple Flag by comparing valuation metrics with similar companies.
Peers
Triple Flag Related Equities
| OCG | Outcrop Gold | 4.55 |
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| PGE | Stillwater Critical | 7.14 |
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| DEF | Defiance Silver | 9.09 |
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| ESK | Eskay Mining | 10.00 |
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| SKP | Strikepoint Gold | 12.50 |
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